Bill > HB4304

This bill: Increases funding for public universities in Michigan for fiscal year 2023-2024, with the total gross appropriation increasing from $2,016,635,700.00 to $2,198,080,400.00. The additional funding includes an increase in the Michigan achievement scholarship program from $250,000,000.00 to $300,000,000.00, as well as new allocations for student mental health support, academic catch-up programs, and other targeted initiatives at various universities. The bill also establishes new reporting requirements for public universities, including detailed financial transparency on their websites, compliance with Title IX policies, and limits on tuition and fee increases. Additionally, the bill makes changes to existing financial aid programs like the state competitive scholarship and tuition grant programs. Finally, the bill maintains and expands funding for programs like Project GREEEN, the Martin Luther King, Jr. - Cesar Chavez - Rosa Parks initiatives, and the North American Indian tuition waiver at public universities and tribal colleges.

Budget and Finance

http://legislature.mi.gov/doc.aspx?2023-HB-4304